Paulson Oil account balances at January 31st include: Cash $70,000, Accounts Receivable $100,000, Common Stock $120,000 and Accounts Payable $50,000. During the month of February, the company collected $25,000 of its account receivable and paid $10,000 of its accounts payable. What is Paulson’s cash balance on their February 28th trial balance?

a. $65,000

b. $95,000.00

c. $85,000.00

d. $60,000.00